Cable & Telecom

Competition Bureau clears Shaw’s purchase of CanWest

CALGARY - The Competition Bureau has cleared Shaw Communication’s $2 billion acquisition of 100% of the over-the-air and specialty television businesses of CanWest Global Communications Corp.In an announcement on Friday, Shaw said that the Competition Bureau concluded that the transaction “will not likely give rise to a substantial lessening or prevention of competition under the Competition Act” because of a number of factors, including effective remaining competition, the effect of the regulatory environment, the absence of relevant concerns expressed by market participants and numerous alternatives available to advertisers."The Bureau has conducted a very thorough review and we appreciate their efforts...